Padenga bets on bullish gold prices

The concern is that this convergence is not being driven by lawful process, but by greed, control and the desire to capture economic flows from a long-standing mining operation.

PADENGA Holdings says the ongoing surge in gold prices will significantly improve the group’s annual revenue.Advertisements Gold spot prices breached the US$4 000 mark in the second half of the year, attributed to increased investor demand for gold as well as strong buying power by central banks. The group operates a mining portfolio, Dallaglio and…

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